CIC Private Banking QC : Company Profile and SWOT Analysis by WealthInsightReports


									CIC Private Banking


CIC Private Banking                                                               Key Employees
                                                                                  Name                      Job Title
Fast Facts
                                                                                                            Chief Operating Officer -
                                       6 avenue de Provence, Paris, 75009,        Alain Fradin
Headquarters Address                                                                                        CIC Group
                                                                                                            Chief Executive Officer -
Telephone                              + 33 1 4596 9696                                                     Private Banking-CIC
                                                                                                            Banque Transatlantique,
                                                                                  Bruno Julien-Laferriere
Fax                                    + 33 1 4596 9666
                                                                                                            Chairperson - Private
                                                                                                            Banking-CIC Banque
                                                                                                            Executive Vice President -
                                                                                  Bruno Morel
Ticker Symbol, Stock Exchange          N/A
                                                                                                            Chairperson - CIC Private
                                                                                  Christophe Mazurier
Number of Employees                    1,900
                                                                                                            Vice President - Banque
                                                                                  Dominique Warluzel
Fiscal Year End                        December
                                                                                                            Director - Private Banking-
                                                                                  Michel de Villenfagne     Banque Transatlantique
Revenue (in US$ million)               619.00                                                               Belgium
                                                                                                            Chief Executive Officer -
                                                                                                            Credit Industriel Et
                                                                                                            Commercial Group,
                                                                                  Michel Lucas
                                                                                                            Chairperson - Credit
                                                                                                            Industriel Et Commercial
SWOT Analysis                                                                                               Group
                                                                                                            Deputy Chief Operating
                                                                                  Philippe Vidal
Strengths                              Weaknesses                                                           Officer - CIC
                                                                                                            Managing Director - CIC
                                                                                  Sitaraman Mani
                                                                                                            Banque Privee
Portfolio of Services                  Fee-based business model
                                                                                                            Chief Executive Officer -
                                                                                  Thomas K. Mller
                                                                                                            Banque CIC (Suisse) SA
Presence in major financial markets

Strong support from the parent                                                    Company Overview

Opportunities                          Threats                                    Credit Industriel et Commercial Private Banking
                                                                                  (CIC Private Banking) is the private banking and
European Union’s UCITS IV Directives Increase in compliance costs                 wealth management arm of Credit Industriel et
                                                                                  Commercial Group (CIC Group), is based in
Global HNWI market outlook             Looming European economic condition        France. It offers asset management, wealth
                                                                                  planning and estate planning services to HNWIs
Scope for portfolio management         Stiff competition in the private banking   (HNWIs have a net worth of US$1 million or
services                               market                                     more, excluding their primary residence) and
                                                                                  institutional investors. It also offers family office
Scope for tax planning business        The French financial transaction tax       services to UHNWIs (UHNWIs have a net worth
To top